JAKARTA – PT Dian Swastatika Sentosa Tbk (DSSA),  a Sinarmas Group issuer, recorded net profit attributable to the owners of the parent entity of USD 80.5 million or approximately IDR 1.31 trillion in the first quarter of 2025, down 21.71% compared to the same period last year which stood at USD 102.83 million (IDR 1.67 trillion).

This decline in profit aligned with a 7.43% drop in operating revenue to USD 737.55 million (IDR 12.01 trillion).

Meanwhile, DSSA’s cost of goods sold rose by 4.94% to USD 449.86 million, causing gross profit to shrink by 21.84% to USD 287.68 million.

The coal mining and trading segment remained the largest contributor to revenue, at USD 665.27 million, followed by cable TV, internet, and technology services at USD 46.12 million; trading at USD 26.11 million; and renewable energy at USD 28,629.

DSSA President Director L. Krisnan Cahya stated that this performance reflects the effectiveness of the company’s strategy in maintaining efficiency and strengthening its business foundation.

“DSSA will continue to accelerate the development of its technology and new and renewable energy business lines as part of its commitment to sustainable business transformation, while maintaining solid performance in the mining segment,” Krisnan said in a written statement on Friday (30/5).

On the balance sheet side, DSSA’s total assets stood at USD 3.85 billion, liabilities at USD 1.78 billion, and equity at USD 2.06 billion. The company’s cash and cash equivalents were recorded at USD 951.4 million. (DH/ZH)